PR Share Price Performance
US$0
-14.45 (-100.00%)
Price US$0
Fair ValueUS$25.79
Share Pricen/a
Narrative Update • Aug 27
Permian Resources Corporation Stock Price
- 4 Narratives written by author
- 0 Comments on narratives written by author
- 101 Fair Values set on narratives written by author
PR Community Narratives
AN
Fair Value
·Fair Value US$25.79 12.0% undervalued intrinsic discount
PR: Record Production Gains And Share Buybacks Will Drive Future Upside
0users have liked this narrative
0users have commented on this narrative
51users have followed this narrative
MR
Fair Value
·Fair Value US$32 29.1% undervalued intrinsic discount
PR is a low-cost Delaware Basin consolidator offering investors a capital-efficient, growing free cash flow stream with conservative leverag
0users have liked this narrative
0users have commented on this narrative
4users have followed this narrative
AN
Fair Value
·Fair Value US$29.39 22.8% undervalued intrinsic discount
Persistent US Energy Demand Will Sustain Secular Momentum
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
PR is a low-cost Delaware Basin consolidator offering investors a capital-efficient, growing free cash flow stream with conservative leverag
Permian Resources is building a low-cost oil business in the Delaware Basin, aiming to grow cash it can return to shareholders even if energy prices don’t help. The catch is that the whole story still depends on oil prices and a single region, so a bad turn in markets or local constraints can hit results fast.Read more
PR: Record Production Gains And Share Buybacks Will Drive Future Upside
Permian Resources is trying to squeeze more value from its oil and gas by improving how it moves and sells it, while cutting costs through smarter drilling and operations. The big question is whether these gains and ongoing share buybacks can outweigh the business’s dependence on volatile energy prices, heavy spending to keep wells producing, and shifting rules and climate policies.Read more
AN
US$25.79
12.0% undervalued intrinsic discount
Fair Value
Revenue
2.96% p.a.
Profit Margin
25%
Future PE
20.84x
Price in 2029
US$31.8
Persistent US Energy Demand Will Sustain Secular Momentum
Permian Resources is betting that smarter drilling, smoother deal-making, and better ways to sell its oil and gas can keep cash flowing even as the energy world changes. The upside looks real, but it hinges on oil and gas prices holding up and the company continuing to pull off acquisitions without costly surprises.Read more
AN
US$29.39
22.8% undervalued intrinsic discount
Fair Value
Revenue
6.59% p.a.
Profit Margin
34%
Future PE
15.74x
Price in 2029
US$36.24
Dwindling Oil Demand And Rising Costs Will Squeeze Value
Permian Resources looks set to face a tougher future as the world shifts away from oil and the cost of drilling and running wells keeps climbing, which could squeeze profits over time. But the company is also getting bigger and leaner through deals and operational gains, and it may have more room to keep cash flowing than skeptics expect.Read more
AN
US$22.26
2.0% overvalued intrinsic discount
Fair Value
Revenue
6.11% p.a.
Profit Margin
23.15%
Future PE
19.97x
Price in 2029
US$27.33
Trending Discussion
No trending discussion available.
Recently Updated Narratives
MR
PR is a low-cost Delaware Basin consolidator offering investors a capital-efficient, growing free cash flow stream with conservative leverag
Fair Value: US$32 29.1% undervalued intrinsic discount
4 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
1 likeusers have liked this narrative
AN
PR: Record Free Cash Flow And Core Acreage Expansion Will Support Upside
Fair Value: US$25.79 12.0% undervalued intrinsic discount
51 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
PR: Higher Margins And Rising Production Will Support Further Upside
Fair Value: US$29.39 22.8% undervalued intrinsic discount
1 fair value setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
Snowflake Analysis
Permian Resources Corporation Key Details
About PR
- Founded
- 2015
- Employees
- 515
- CEO
- WebsiteView website
Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company’s assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. The company was incorporated in 2015 and is headquartered in Midland, Texas.
Recent PR News & Updates
Narrative Update • Aug 13
PR is a low-cost Delaware Basin consolidator offering investors a capital-efficient, growing free cash flow stream with conservative leverag
Permian Resources is the best-in-class low-cost operator in the most productive oil basin in the world, with a decade of high-return drilling inventory, a fortress balance sheet, and a management team that has demonstrated consistent free cash flow growth per share through commodity cycles — the question is whether the market is underpricing the durability of those advantages. Investment Thesis The Delaware Basin cost structure is genuinely differentiated: $5.36/Boe LOE and declining D&C costs ($685/ft in Q1 2026, -6% year-over-year) mean PR generates meaningful free cash flow at oil prices that would impair most peers — this is the core moat and it compounds as lateral lengths extend and operational density increases Management has executed a disciplined consolidation playbook — acquiring more inventory than drilled for three consecutive years, integrating Earthstone at flat per-Boe costs even as production doubled, and consistently deploying capital at trough valuations rather than cycle peaks The balance sheet transformation is nearly complete: from leveraged private equity-backed operator to tri-agency investment grade (Fitch/S&P/Moody's all within 12 months), with debt reduced by ~$1.2B since year-end 2024 and no maturities until 2029 — creating a capital structure that can sustain the dividend and pursue opportunistic M&A through a downcycle A significant embedded catalyst exists in the Waha gas basis resolution: 700+ MMcf/d of Gulf Coast and DFW firm transport capacity coming online in 2027 converts what is currently a meaningful revenue drag (Q2 2026 unhedged gas averaged -$2.40/Mcf) into a structural tailwind, and the market does not appear to be pricing this improvement Risk Considerations Oil price is the dominant earnings driver and cannot be managed away — PR is a price-taker on ~50% of its revenue stream, and a sustained move to $50 WTI or below compresses free cash flow severely regardless of how well the business is run Waha natural gas basis risk is acute in the near term: Q2 2026 unhedged gas averaged -$3.14/Mcf and bottomed at -$9.52/Mcf on a single day, and the hedge book provides only partial coverage until firm transport capacity ramps in 2027 The bolt-on acquisition strategy is accretive when executed at trough valuations but carries integration risk at scale — the Ward County acquisition ($520M, July 2026) and ~$482M of H1 2026 bolt-ons represent the most aggressive deployment pace in the company's history, partially funded with revolver draws Single-basin concentration in the Delaware Basin means there is no geographic diversification against Permian-specific risks: federal land permitting (33% of acreage in New Mexico), water disposal constraints, and regional midstream disruptions all affect PR more acutely than diversified peers
Narrative Update • Aug 13
